Trading news

EUR/GBP potential upside move



The EUR/GBP is has a potential to break the range and proceed to the upside if we see a rejection off POC. POC comes within 0.8510-15 zone ( V shape, DPP, EMA89, trend line). If we don't see a retracement to POC , pay attention to H1 close above descending trend line. The pair could reach 0.8550, 0.8575 and 0.8615 if there is a H1 momentum or 4h close above 0.8575. Additionally the pair rejected slightly above the bullish order block that is located just above L3 support. This further supports a bullish bias for this pair.

Wednesday, 30 Nov, 2016 / 10:45

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : http://www.admiralmarkets.com/analytics/technical-analysis/

Trading news

 

EIA Report: How High Can Oil Go?

Crude prices have been moving higher this week after snapping an initial move [...]

Posted on Tuesday, 22 Jun, 2021 / 1:06 under

Wall Street bounces back, dollar takes a break

· Stock markets reclaim lost ground, dollar pauses as Fed worries abate [...]

Posted on Tuesday, 22 Jun, 2021 / 9:47 under

DOW JONES NOTCHES STRONGEST SESSION SINCE MARCH

Wall Street has recorded its worst weekly performance in several months last [...]

Posted on Tuesday, 22 Jun, 2021 / 8:43 under